What's up with the billionaires?

[bongsaway]

What's up with the billionaires?

Two have now come out and basically trashed any thought of them being hit with a wealth tax. However, they both seem to recognize 'something' is wrong in america, enough so they want to run for office, maybe.

They are willing to spend millions of their own dollars for a job that pays a few hundred thousand, why? So they can make sure no new taxes are placed on the extremely wealthy?

Why do people with this kind of wealth seem so reluctant to give back more? They have so many ways to dodge taxes and just pass money down from generation to generation making it increasingly harder for the average american to live a remotely decent care free life. A living wage, good health care, good education, clean air and water. Why are these things just so hard to accomplish in america. One of a few reasons, I'll give you two. Money and greed.

Is it time for the extremely wealthy to give back a little more?

 

[ttwtt78640]

What's up with the billionaires?

Two have now come out and basically trashed any thought of them being hit with a wealth tax. However, they both seem to recognize 'something' is wrong in america, enough so they want to run for office, maybe.

They are willing to spend millions of their own dollars for a job that pays a few hundred thousand, why? So they can make sure no new taxes are placed on the extremely wealthy?

Why do people with this kind of wealth seem so reluctant to give back more? They have so many ways to dodge taxes and just pass money down from generation to generation making it increasingly harder for the average american to live a remotely decent care free life. A living wage, good health care, good education, clean air and water. Why are these things just so hard to accomplish in america. One of a few reasons, I'll give you two. Money and greed.

Is it time for the extremely wealthy to give back a little more?

There are about 540 billionaires (now) in the US.

That (seciond bolded above) is a good question but requires carefully defining some things in order to become 'policy'.

1) What is "extreme" wealth?

2) How would wealth (as opposed to income) be taxed?

3) How much is "a little" more?

 

[Felis Leo]

Why do people with this kind of wealth seem so reluctant to give back more? They have so many ways to dodge taxes and just pass money down from generation to generation making it increasingly harder for the average american to live a remotely decent care free life. A living wage, good health care, good education, clean air and water. Why are these things just so hard to accomplish in america. One of a few reasons, I'll give you two. Money and greed.

Just a moment. Are you saying that before there were extremely wealthy income earners (i.e., millionaires and billionaires), most Americans were enjoying decent care-free lives?

Is it time for the extremely wealthy to give back a little more?

If by extremely wealthy, you mean the top 1% (anyone earning more than $480,000.00 per year), they already pay 39% of taxes collected by the Federal government. What is a little bit more to you, bongsaway?

 

[srexob715]

There are about 540 billionaires (now) in the US.

That (seciond bolded above) is a good question but requires carefully defining some things in order to become 'policy'.

1) What is "extreme" wealth?

2) How would wealth (as opposed to income) be taxed?

3) How much is "a little" more?

Without specifics.....I agree with his overall message.

 

[Skeptic Bob]

I think when billionaires, and most others, run for President it is about power, not profit. Maybe even some boredom has set in after doing all they can in the business world.

 

[srexob715]

If by extremely wealthy, you mean the top 1% (anyone earning more than $480,000.00 per year), they already pay 39% of taxes collected by the Federal government. What is a little bit more to you, bongsaway?

Marginal rate?

 

[ludin]

What's up with the billionaires?

Two have now come out and basically trashed any thought of them being hit with a wealth tax. However, they both seem to recognize 'something' is wrong in america, enough so they want to run for office, maybe.

They are willing to spend millions of their own dollars for a job that pays a few hundred thousand, why? So they can make sure no new taxes are placed on the extremely wealthy?

Why do people with this kind of wealth seem so reluctant to give back more? They have so many ways to dodge taxes and just pass money down from generation to generation making it increasingly harder for the average american to live a remotely decent care free life. A living wage, good health care, good education, clean air and water. Why are these things just so hard to accomplish in america. One of a few reasons, I'll give you two. Money and greed.

Is it time for the extremely wealthy to give back a little more?

They already have given back.
how much more do you want them to give?

you want to know what? these people aren't stupid.
they will take their money and their businesses and go elsewhere with it.

 

[srexob715]

I think when billionaires, and most others, run for President it is about power, not profit. Maybe even some boredom has set in after doing all they can in the business world.

With progressives its about the power to get the rich to contribute more......with conservatives its about the power to not have to contribute.

 

[Felis Leo]

Marginal rate?

What specifically do you mean by marginal rate, srexob715? And in your opinion, how are impoverished Americans helped by the rich being taxed more?

 

[Helix]

i don't really support a "wealth tax." i'd like to see more individual income going through the current marginal rate system, however.

 

[ttwtt78640]

Without specifics.....I agree with his overall message.

Without specifics public policy can not exist.

 

[apdst]

What's up with the billionaires?

Two have now come out and basically trashed any thought of them being hit with a wealth tax. However, they both seem to recognize 'something' is wrong in america, enough so they want to run for office, maybe.

They are willing to spend millions of their own dollars for a job that pays a few hundred thousand, why? So they can make sure no new taxes are placed on the extremely wealthy?

Why do people with this kind of wealth seem so reluctant to give back more? They have so many ways to dodge taxes and just pass money down from generation to generation making it increasingly harder for the average american to live a remotely decent care free life. A living wage, good health care, good education, clean air and water. Why are these things just so hard to accomplish in america. One of a few reasons, I'll give you two. Money and greed.

Is it time for the extremely wealthy to give back a little more?

You mean they want to keep most of their money?

You're right! WTF is up with that ****?!?

Imagine, keeping most of your own money!

Buncha nut jobs! They must think they live in a free country, or some ****!